IRS 990 Nonprofit Profile

The New York Community Trust

This is a consolidated return for the new york community trust (13-3062214) and community funds, inc. (13-6089923). the above named taxpayers were granted permission by the irs to file a consolidated return. the main office for both is located at 909 third avenue, new york, ny 10022. the new york community trust is a community foundation composed of multiple charitable trusts as well as a not-for-profit corporation, all of which are treated as one entity for tax purposes. a participating bank and trust company serves as the trustee that manages the assets of each of the charitable trusts, all of which are governed by a common instrument, the resolution & declaration of trust, which provides, among other things, for a distribution committee that is responsible for grantmaking from the trusts. the same individuals who are members of the distribution committee are the directors of the not-for-profit corporation. part i, line 1, description of organization's mission: for equitable and thriving communities throughout new york city, long island, and westchester. part iii, line 1, description of organization's mission: as new york's community foundation, we foster and engage in enduring and innovative philanthropy with a vision for equitable and thriving communities throughout new york city, long island, and westchester. to respond to new york's ever-changing needs, we work collaboratively with donors, nonprofit partners, and communities, believing that those closest to the problems are closest to the solutions. our role as both a funder of nonprofits and a steward for our donors requires unwavering trust. recognizing our privilege as a grantmaking foundation, we act with integrity in all we do. we are engaged and responsive. all people deserve the right to live healthy, meaningful, and dignified lives. we strive to align our policies and practices with our beliefs, while using our resources to amplify the voices and power of underresourced and underrepresented communities and effect systems change.

Filing year

2024

Total revenue

$322.6M

Total expenses

$252.3M

Program expenses

$212.6M

Administration

$35.0M

Fundraising

$4.7M

Program share of expenses

84%

EIN

133062214

Location

New York, NY

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